High Risk Merchants

Do all domestic banks see more risk in your business? Do you wish to find any credit card processing solution that offers less trading limitations towards high risk merchant? Has your current merchant been closed by the acquiring bank due to your business changes. You may find the right solution with Merchantstronghold if your answer seems positive towards any these questions.

High risk industries see more approvals

Merchant Stronghold is of the opinion that all legitimate organizations should be able to accept credit cards over the internet. This includes organizations that have long been working in environments that never indulge in credit card processing. We serve various e-commerce industries with merchant accounts through our wide network of acquiring banks that operate internationally and across offshore sights.

5 merchant account features that reflect a higher risk

Credit cards offered by all major brands are recognized by Merchant Stronghold. These brands include China union Pay, JCB, Visa, Diner’s Club and MasterCard.

Commitment to safety and security through Maxmind, SSL Certificates and 3D Secure Processing.

Some 40 shopping carts that have gained popularity over the past few years are recognized by our payment gateway that’s PCI compliant.

Processing multiple currencies: A little over 160 currencies have been recognized by Merchant Stronghold.

Live technical support and customer care services: Call us or chat over the internet.

Factors that develop my high risk profile

A start-up business with little or without any history of processing credit cards

Bad history of bankruptcy and bad credit rating

Any industry depicting higher charge ratio e.g. tourism

Average ticket expense worth a higher amount e.g. airline ticket

Services or products based on subscriptions e.g. online magazines

Merchant account history following termination by any bank

A business that conducts bulk processing

How to bring down my risk profile

The high sales volume of e-commerce businesses often places them under the high-risk category. By setting up different merchant accounts, you may get your risk profile lowered. In order to lower your monthly volume, your sales can be assigned to you accounts effectively when you use different accounts.

Merchant Stronghold provides its merchants with the 3D secure processing option. This feature helps in lowering the risk profile of each merchant. In addition, merchants are bound to enjoy an additional backup security when they have multiple merchant accounts. Such security is truly beneficial in the event of an unforeseen termination by any acquiring bank. You may sit face to face with the Merchantstronghold representative to know more about the advantages of using different merchant accounts.

High Risk Merchant Account Tips

We Are providing High-Risk Merchant Accounts Tips If You have a Business, you need to know about Merchant Account and also need a good merchant account for record keeping to credit card processing and for the chargeback investigation, Merchant Account Maybe your good Friend or the worse enemy. A good Merchant Account Provider understands the issues that will arise in your business, If you want to sell something online you need both a payment gateway and a merchant account, A Bad Merchant Account provider will fix you for industry-standard issues and A Merchant account due to their credit card issue. The fact is that many major merchant services providers are undecided to take on merchants with bad credit, often understand them to be too high of a risk for chargebacks and Fraud Prevention.

Below a few Tips Advice that can help your search.

The First one is, High-Risk Merchant Account looks at their respect in your business. Not with all business, but by the tech support business. Some claim to work will all “high-risk merchants account, but that is not big issues that occur in every single business. While they are all under the same “high risk” Merchants, tech support businesses have different issues. Be sure to network with local tech support merchants to learn of their merchant account decision, as this can help speed up your search.

If you work a tech support industry you need good credit card processing at affordable charges. Unfortunately, there are not various merchant account providers that provide Indian, U.S. or U.K based tech support industry with merchant accounts, and even fewer merchant account providers that offer reliable credit card processing at affordable charges
.
The second one is, ask questions, this may be a common understanding for the advice, but sometimes a merchant Provider is so rushed to Provide a merchant account that it is looking at Specific information, but does ask some questions. and the question is. Do you know your current processing fee schedule? if not, then you need to inquiries. Ask Questions. ask about Chargeback Insurance and inquiries. ask about the processing fee record, and if it rises when something arises in your industry. and Ask about termination charges. these things are very important, and they should be asked before you sign on with a merchant account processor.

Everything I know about A Merchant Account

If you need Merchant Account and If you are searching online for key phrases related to high-risk merchant accounts and provides of Visa, MasterCard, American Express, discover credit card processing services for high-risk business types and if you need some help. then you come to the right place #Merchant Stronghold. Almost everything you need to know about receiving credit cards in USA, UK, and Canada with a high-risk merchant account can be found here for our goal.

Extended Warranty Merchant Accounts services and Credit Card processing

In case you are facing problems to find at ease and reliable payment gateway for your organization that takes care of extended warranties then service provider Merchant Stronghold assist you to out. we have the exceptional technology that makes use of safe and secure virtual terminal to let you process credit card payments in retail or online commercial enterprise.

 

Credit Card Processing Solutions from Merchant Specialist

We understand that you locate it difficult to get approved of merchant account from a reputed financial institution. but you don’t need to worry at all. We’ve connections with some of the best banks and could help you to get began with merchant account fast.

We have been dealing with extended warranties merchant accounts from so many years and our highly expert and skilled team is capable of designing flawless solutions for your business.
We have been dealing with extended warranties merchant accounts from such a many years and our highly expert and professional team is able to designing perfect solutions to your commercial enterprise.

We additionally offer numerous terminals relying at the need of your enterprise. We also have secured virtual terminal that helps you to manage your payments via apple or android device. Using our services your commercial enterprise can get entry to main credit score card companies like: Visa, American express, MasterCard, and Discover.

we have affordable and reasonable prices which range as per the terminals. this could rely on the employer’s history and the risk factors concerned in investing with you. but don’t worry even if you are a high-risk commercial enterprise; we had been providing effective solutions to many high risk commercial enterprise as well.

We provide best customer support for all your queries and doubts. You can call us at 888-622-6875 OR email info@merchantstronghold.com

High Risk / Low Risk? Which category you fall in?

 

 

 

High risk merchant processing basically known as credit card processing is the handling of electronic transactions of the merchants.

Merchant processing means getting sales information from the merchant, receiving authorization for the transaction, collecting funds from the issuing bank and sending payment to the merchants.

Electronic payments are highly sensitive to fraud. Liability for misuse of card data can expose the merchant to significant financial loss.

High Risk Merchant or Low Risk?

Before you look for the payment gateway, you need to know the risk associated with the business. Be prepared before you approach the banks and gateways else you will end up with denials.

Business life and financial stability, business model, billing method, products sold /services, and processing history pays an integral  part in deciding whether payment gateway will be provided or not.

Different banks and different payment gateway providers have different parameters, there are some general industries that comes under high risk.

There are dozens of others such as:-

Auctions, cigarette, brooking, coupons, Debt collections, Horoscope, Lotteries and Memberships, Real estate, Vacation planners, VOIP services, selling of vitamin and supplements and many more industries.

Apart from this if any business model is dealing with card not present transaction that is considered as High risk merchant.

The riskiest transactions are the one that are done over the phone and Internet and if the transaction is of high amount and the business is of a kind that tends to generate complaints.

That’s why an important part of applying for merchant services is revealing what kind of business you are.

And if your business contains high risk, you will get multiple denials from the Banks and payment gateway providers.

The major difference between high risk and low risk merchant services are

For low risk businesses, the fees are usually set at a lower rate. High risk merchant accounts will not only have higher, but they will also include additional fees.

Don’t be shattered, despite the risk involved we at Merchant Stronghold will assist you in getting the payment gateway.

There is no shortage of merchant account providers. One thing that we consistently see is providers approving merchants without properly understanding or vetting the risk. No provider is perfect.

If a provider does not assess risk during underwriting and down the road a risk manager flags the merchant, they may hold your settlements, require a reserve to offset the risk or terminate account. Be cautious when selecting a partner.

What you need to do is find a provider that is willing to work with your business type and is willing to give you reasonable rates

Fееl frее to get in tоuсh, wе’ll bе glаd tо hеаr from уоu!

WHAT’S REQUIRED TO BOARD A HIGH RISK BUSINESS MERCHANT

 

 

 

Business Documents and KYC

•     3 months recent prior processing statements for all products intended on being processed through the merchant account (If applicable)

•     3 months recent business bank statements. (If new business, merchant should be able to showing financial stability to support the startup/operation of the business or personal bank statements.)

•     Prior years and year-to-date business financials (Prior years audited financials required if available)

•     Website or Marketing materials (Print ads, brochures, etc.) if mail order/telephone order sales

•     If product/service being sold and not owned by merchant, reseller agreements should be provided

•     Articles of incorporation/articles of organization showing the ownership of the entity associated with the merchant account

Offer/Campaign Information

Describe the product/service being sold? How is the product/service ordered or purchased? What are the price points for the product/service?

Is the product/service being sold through a Front End or as an upsell offer? Is the product/service being cross sold with any other product/service? If yes, explain. Is there a free trial and/or auto ship program attached to the product/service? Is there recurring billing/continuity plan associated with the product/service?

At Merchant Stronghold, we make the process easy for you. You can simple start our online application and with few clicks be able to submit all your information

Accept Payment, Anytime, Anywhere with Merchant Stronghold

Payment Processing for Telemarketing of Travel Related Services and Vitamins

With dedicated payment processing solution, your Telemarketing of Travel related services and Vitamins (MCC 4761) will surely get a boost. You can get high quality yet flexible payment system for your business. We have design high security products that meet industry regulatory requirements for safe processing. They can keep your system flexible and scalable. Our systems are backed by our expert team that help you team up with leading payment processing brands. You will reduce risk, cost, and secure your future with the help of our payment processing infrastructure.

Real Time Reporting and No Hidden Charges

Many credit card processors hide fees in statements and contracts. Merchant Stronghold has fair and transparent agreement for you. It tells you who we are and how we do business with our clients. You get easy to read statements that show how much you earned and more. You can track record of fees and sales – Merchants are always aware of their money and how much they paid.

No additional charges at all, owners will have access to merchant accounts 24/7. You will get a portal which will show all the transactions made within selected dates. You don’t have to wait for statements and money anymore, merchants can check batches, transactions and deposits, download data, view statements, run reports, and order new tools on the spot. Our payment processing solution also offers dispute solution via direct communication. You can do all these things on mobile or desktop.

Benefits of Using our Services

Attract new customers and keep current ones by using our world class payment processing services. Mobile payment, checks, online payments, and many more options are available to you. We have special offers for people who do Telemarketing of Travel related services and Vitamins. We will help you manage payments with the help of latest account software integrated in your website.

• Manage hardware modules and cryptographic keys across payment infrastructure
• Using our latest payment processing software, you can accelerate your business
• Certified and proven security solution with more than one options to choose from
• Take advantage of EMV and expertise support
• You can simply your business and reduce obligations
• We offer management infrastructure that is compatible with mobile, and comes with assurance

Quality Customer Support

Merchant Stronghold offers best customer service to merchants. Our customer services give you opportunity to get support from professionals. Your call will be answered within seconds, unlike most companies which take time to answer. Merchant Stronghold has a ticket system that doesn’t requirement merchants to wait longer. An expert will handle your case immediately.

Wоuld you lоvе to be раrt оf thiѕ?? Feel frее tо get in touch ,wе’ll bе glаd to hеаr frоm уоu

Loyalty and Business Cards

Loyalty, Corporate and Personal Cards
Using Cards for paying are something that people prefer to use for their ease and security concerns. Corporate or businesses that are looking for the solution to stay connected with their customer base or interested to grow the customer’s reliability on the brand. Businesses that are seeking for an effective payroll and in-house accounting solution.

Merchant Stronghold’s personalized and according need card issuance solution will help business to save the time and keeping the track of account separately. There are personalized solutions for the individual or private use to avoid chances of being victim to the increasing rate of card-related crimes, the individuals now looking for some safer way to pay for their purchases these card solutions will act as a separate account without using their personal account at different places.

For Corporate and Business

Loyalty or Co-branded Cards

Sometimes companies prefer to provide membership cards to new or existing customers for paying. These loyal or co-brands cards solution by Merchant Stronghold will help business to grow and maintain the record of customers and if the company’s policy includes to provide cash backs or brand-bounded offers for customers, this loyalty card solution will help you to keep the details about to customers according to which the company can offers to their regular customers.

Salary Cards

Making monthly charts and then paying to every individual takes a lot of time. To avoid this consumption of time, Merchant Stronghold’s Salary Card solution, will let you save the template of each employee and depositing their salary into their account that will be connected to their salary cards.

The Salary Cards issued under MasterCard help you decrease the monetary expenses to transfer each employee. To use this service companies doesn’t need to relocate their bank accounts, they just need to share the information related to the employees and transfer the amount to the dedicated account provided by Merchant Stronghold.

Corporate Cards

Having a Corporate card can help companies to simplify the accounting of the company and it reduces the transaction volume within the company. Merchant Stronghold can help your corporate to get cards for the employees.

These cards are specifically designed for the companies who prefer to give the travel and fuel allowances to their employees or for the employees tour fees can also allotted to the employees through these cards.

 For Private and Individual uses

Gift cards

We all prefer to gift things to our dear ones whatever they like. But, sometimes we look for better options that can fulfill the purpose of both gifting something according to their choice and that should be useful to them. For this, Merchant Stronghold’s non-reloadable cards solutions are the best way possible for the individuals to gift them.

These cards can be used at any outlet worldwide, and people can purchase anything they want. This gift card solution is also available for businesses also, who offer limited-period gift cards or vouchers to their customers.

Prepaid Cards

Due to fear of frauds and card information privacy reasons, many times people prefer not to use their credit cards for transaction at unknown places. For nullifying such chances Merchant Stronghold offers non-banking cards that will help individuals to use their plastic cards with confidence and with extra security level.

Other than paying for the purchases, these cards can act as credit cards for the withdrawal of money from the ATMs. To use this solution by Merchant Stronghold, the individual doesn’t need any bank account connectivity we help you to establish an account under our financial services.

Virtual/Personalized Card

Merchant Stronghold provides you personalized cards that can act as a credit card but limited for online shopping. With our vision to create a safe environment for you while shopping online. You can have a personalized card that cannot be used for cash withdrawal in ATMs, this makes virtual cards safer to use.

Some of the advantages for using this facility include the high level security, as all your purchases done from your virtual card will keep your current account safe. This easy to use solution will help you to keep track of you expenses report as the transactions done from this virtual cards will have a separate reportabout the transactions done.